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Home sales rise slightly in August amid ongoing market slowdown

image sourced from original article at https://www.ynetnews.com/real-estate/article/b17qyke0le

Home sales in August showed mixed trends, with a slight overall increase driven by the resale market, while developer sales in the free market experienced a notable decline. Total developer sales, including subsidized units, reached 3,171, marking a 5 percent decrease compared to the previous year. The drop was even more pronounced for free market sales, which fell by 20 percent to 2,111 units. The data highlights the impact of rising subsidized transactions and ongoing market slowdown on developer activity.

Original article source: https://www.ynetnews.com/real-estate/article/b17qyke0le
Source Id: 8918155748

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